Anticipated Fed Rate Cuts 2024 Expected

Anticipated Fed Rate Cuts 2024 Expected. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone. The federal open market committee chose to lower its key overnight.

Central bank expects to cut rates three times in 2024. Investors widely expect the fed to cut rates at its september meeting, the first cut since march 2020 to the target federal funds rate, which only officially determines the.